3 ms·
The problem is that in ditching gold they went straight to faith-based currency. Even if gold was ugly and useless it'd still be a better base for currency than
by wnight 15y ago
The problem is that in ditching gold they went straight to faith-based currency. Even if gold was ugly and useless it'd still be a better base for currency than nothing because of its scarcity. It's too easy to create more money. We don't even print it anymore.